We review theoretical and empirical work on the economic effects of the United States and China trade relations during … economic effects on different outcomes. We then focus on the recent U.S.-China trade war. We discuss methods used to evaluate … its effects, describe its economic effects, and analyze if this increase in trade protectionism reverted the effects of …

We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal … tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions …

We develop a dynamic spatial growth model to explore the role of trade and internal migration in the process of spatial … knowledge. Global ideas diffuse more to locations that are relatively more exposed to international trade. Local ideas are … diffused across space when workers move to another location. We embed the diffusion of ideas through trade and migration into a …

We investigate the role of trade imbalances for the distributional consequences of globalization. We do so through the … lens of a quantitative, general equilibrium, multi-country, multi-sector model of trade with four key ingredients: (a …) workers with different levels of skills are organized into separate representative households; (b) endogenous trade imbalances …

Russia invasion. We study its dynamic effects in a spatial model with forward-looking households of different skills, trade …

This paper studies the evolution of China's production and trade patterns during its integration into the global … growth acted as a counterforce. Consistent with the data, our model demonstrates that China's trade openness peaked around …

exposed to the China trade shock, the overall contribution of immigration to labor market adjustment in this episode was small … regions with high trade exposure was only three-fifths that in regions with low exposure. Immigration thus appears more likely …

We study the economic and political consequences of the 2018-2019 trade war between the United States, China and other … US trade partners at the detailed geographic level, exploiting measures of local exposure to US import tariffs, foreign … retaliatory tariffs, and US compensation programs. The trade-war has not to date provided economic help to the US heartland …